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Author Topic: [ANN][GOLD] BitGold | PoS | Launched | Rare  (Read 32506 times)
theegle
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March 27, 2014, 06:15:40 AM
 #61

Is there a maximum amount I can put in? How much do I have to put in to win the GPU?
Gold-Bars (OP)
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March 27, 2014, 06:35:06 AM
 #62

Is there a maximum amount I can put in? How much do I have to put in to win the GPU?

No there is no real maximum but if we had to put it a cap it would be around 10BTC. Please do not send any more than that. Also any amount over .1 will qualify.
StacksToMills
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March 27, 2014, 06:46:22 AM
 #63

seems good but why don't you show pictures or something for proof?
ning_aric
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March 27, 2014, 06:55:16 AM
 #64

 :(gold coin , sometime later it would be gold

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Gold-Bars (OP)
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March 27, 2014, 11:11:11 AM
 #65

seems good but why don't you show pictures or something for proof?

Picture available here: http://imgur.com/4FABbQP
Will update the op now with it.

:(gold coin , sometime later it would be gold

What do you mean?
lubing7683
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March 27, 2014, 11:36:58 AM
 #66

“This is done to stop investors dumping onto the market straight away which in turn leads to the crash of many coins.”
it feels like a lot longer.
Gold-Bars (OP)
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March 28, 2014, 06:16:59 AM
 #67

“This is done to stop investors dumping onto the market straight away which in turn leads to the crash of many coins.”
it feels like a lot longer.

I do not get what you mean? Also the quote button puts it in a quote for you.
StacksToMills
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March 28, 2014, 06:33:49 AM
 #68

seems good but why don't you show pictures or something for proof?

Picture available here: http://imgur.com/4FABbQP
Will update the op now with it.

:(gold coin , sometime later it would be gold

What do you mean?

ok. looks good. I will PM you about putting in some BTC for IPO now.
theegle
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March 28, 2014, 06:59:35 AM
 #69

Is there a maximum amount I can put in? How much do I have to put in to win the GPU?

No there is no real maximum but if we had to put it a cap it would be around 10BTC. Please do not send any more than that. Also any amount over .1 will qualify.

So for .1 I get IPO coins and I get a chance at a GPU? How many investors are there so far?
Gold-Bars (OP)
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March 28, 2014, 07:04:57 AM
 #70

Is there a maximum amount I can put in? How much do I have to put in to win the GPU?

No there is no real maximum but if we had to put it a cap it would be around 10BTC. Please do not send any more than that. Also any amount over .1 will qualify.

So for .1 I get IPO coins and I get a chance at a GPU? How many investors are there so far?

Yes that is correct. If you are interested please PM or email us. (Or you can use escrow ofcourse)

seems good but why don't you show pictures or something for proof?

Picture available here: http://imgur.com/4FABbQP
Will update the op now with it.

:(gold coin , sometime later it would be gold

What do you mean?

ok. looks good. I will PM you about putting in some BTC for IPO now.

Alright, let us know.
liutiaoming1
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March 28, 2014, 07:21:10 AM
 #71

pow+pos?
It looks good
What is BitGold?

BitGold is a long term currency made with everybody in mind. The aim for it is to let everybody win. Many coins these days have premined massive amounts which the devs stash away so usually they can sell them later on the open market to make money, the problem with this is that it crashes the coins price and leaves investors holding the bag. A prime example of this is EarthCoin. When the coin launched it had a very high price. The coin was trading in the high hundreds of satoshis. The coin was then thought to have later been slowly dumped on by the developer who help a big premine, now the price is around 20 satoshis. How are investors going to recoup their money when they may already be down x10? The idea behind BitGold is that this coin still needs money to constantly be bringing out new things for this coin. To achieve this without having an unnecessary premine we decided to go with an IPO. Having an IPO means everyone gets the chance to buy into BitGold without worrying about these things going wrong. Because of the high number of IPO scams recently we have decided to go with a trusted escrow site which will be posted with more info below.

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Gold-Bars (OP)
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March 28, 2014, 11:45:50 AM
 #72

pow+pos?
It looks good
What is BitGold?

BitGold is a long term currency made with everybody in mind. The aim for it is to let everybody win. Many coins these days have premined massive amounts which the devs stash away so usually they can sell them later on the open market to make money, the problem with this is that it crashes the coins price and leaves investors holding the bag. A prime example of this is EarthCoin. When the coin launched it had a very high price. The coin was trading in the high hundreds of satoshis. The coin was then thought to have later been slowly dumped on by the developer who help a big premine, now the price is around 20 satoshis. How are investors going to recoup their money when they may already be down x10? The idea behind BitGold is that this coin still needs money to constantly be bringing out new things for this coin. To achieve this without having an unnecessary premine we decided to go with an IPO. Having an IPO means everyone gets the chance to buy into BitGold without worrying about these things going wrong. Because of the high number of IPO scams recently we have decided to go with a trusted escrow site which will be posted with more info below.


Thanks. We wanted to make a coin where everyone can have a go. By doing that you do not need expensive hardware to earn some coin.
CoinZend
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March 28, 2014, 01:52:38 PM
 #73

looks good. I might join IPO closer to launch.
Painful Truth
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March 28, 2014, 02:09:47 PM
 #74

Launch should be about a week from today?
Gold-Bars (OP)
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March 28, 2014, 02:38:48 PM
 #75

Launch should be about a week from today?

New York Time   Saturday, 5 April 2014 at 10:30:00 PM   UTC-4 hours
London Time   Sunday, 6 April 2014 at 3:30:00 AM   UTC+1 hour
Sydney Time   Sunday, 6 April 2014 at 12:30:00 PM   UTC+10 hours
Moscow Time   Sunday, 6 April 2014 at 6:30:00 AM   UTC+4 hours
Beijing Time   Sunday, 6 April 2014 at 10:30:00 AM   UTC+8 hours
Tokyo Time   Sunday, 6 April 2014 at 11:30:00 AM   UTC+9 hours

Is what we are aiming at.
Gold-Bars (OP)
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March 28, 2014, 03:04:49 PM
 #76

looks good. I might join IPO closer to launch.

Sounds good. It is fairly simple to do by yourself but if you have issues please PM us.
Gold-Bars (OP)
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March 29, 2014, 06:17:54 AM
 #77

Anyone have any more questions? We are updating the OP now by the way.
CoinZend
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March 29, 2014, 06:56:01 AM
 #78

Anyone have any more questions? We are updating the OP now by the way.

What happens if you do not reach the full %4 IPO amount? Does it go to a pre-mine?
sillyputti
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March 29, 2014, 07:02:22 AM
 #79

In the description it mentions

Max bars: Only 501,000

Then at bottom it says:

"BitGold will have a maximum of 20,000 to make sure it is low in comparison to some of the coins already out."

so..20,000 what?
Gold-Bars (OP)
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March 29, 2014, 07:08:15 AM
 #80

In the description it mentions

Max bars: Only 501,000

Then at bottom it says:

"BitGold will have a maximum of 20,000 to make sure it is low in comparison to some of the coins already out."

so..20,000 what?


A maximum of 20,000 GoldBars for IPO. This means we can get coins into circulation quickly without having massive dumping.
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